Zacks Research Lowers Earnings Estimates for Thor Industries

Key Points

• Zacks Research lowered Thor Industries’ FY2026 EPS estimate to $3.32 from $3.33, while maintaining a “Hold” rating; the estimate remains above the $3.21 consensus forecast.
• Thor’s latest quarterly results fell slightly short on earnings, at $1.86 per share versus $1.88 expected, while revenue exceeded estimates at $2.78 billion but declined 3.9% year over year. The company issued FY2026 EPS guidance of $3.30–$3.80.
• THO shares opened at $77.01, near their 50-day moving average and well below the 12-month high of $122.83. The company pays a quarterly dividend of $0.52, equivalent to a 2.7% yield, and institutional investors own 96.71% of its stock.

Thor Industries, Inc. (NYSE:THO - Free Report) - Analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for shares of Thor Industries in a research report issued to clients and investors on Thursday, August 27th. Zacks Research analyst Team now expects that the RV manufacturer will post earnings per share of $3.32 for the year, down from their previous forecast of $3.33. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $3.21 per share. Zacks Research also issued estimates for Thor Industries' Q4 2026 earnings at $1.01 EPS, Q3 2027 earnings at $1.96 EPS, Q1 2028 earnings at $1.18 EPS and FY2028 earnings at $5.39 EPS.

Thor Industries (NYSE:THO - Get Free Report) last issued its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.88 by ($0.02). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.Thor Industries's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS.

Several other research analysts also recently issued reports on THO. Loop Capital upped their price objective on Thor Industries from $90.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, June 4th. BMO Capital Markets reduced their target price on shares of Thor Industries from $120.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, June 4th. Wall Street Zen lowered shares of Thor Industries from a "hold" rating to a "sell" rating in a report on Saturday, June 6th. Roth Capital set a $78.00 price target on shares of Thor Industries in a research report on Thursday, June 4th. Finally, Truist Financial dropped their price target on shares of Thor Industries from $109.00 to $80.00 and set a "hold" rating for the company in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $92.33.

Thor Industries Stock Performance

Shares of THO stock opened at $77.01 on Monday. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.49 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. The business's 50-day moving average price is $76.88 and its 200-day moving average price is $81.31. Thor Industries has a 12 month low of $69.71 and a 12 month high of $122.83.

Thor Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 annualized dividend and a yield of 2.7%. Thor Industries's dividend payout ratio (DPR) is presently 90.04%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of THO. ACR Alpine Capital Research LLC increased its position in shares of Thor Industries by 18.6% during the first quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer's stock worth $391,711,000 after buying an additional 769,342 shares during the period. BlackRock Inc. acquired a new position in Thor Industries in the second quarter valued at $363,258,000. California State Teachers Retirement System boosted its position in Thor Industries by 7,200.4% during the second quarter. California State Teachers Retirement System now owns 4,324,556 shares of the RV manufacturer's stock valued at $325,034,000 after acquiring an additional 4,265,319 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Thor Industries by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer's stock valued at $251,375,000 after acquiring an additional 96,080 shares during the last quarter. Finally, Life Cycle Investment Partners Ltd acquired a new stake in Thor Industries during the 4th quarter worth about $255,482,000. Institutional investors and hedge funds own 96.71% of the company's stock.

Thor Industries Company Profile

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.

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